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LOVO

Active
Public limited companyfounded 2003active for 23 yearsGeneraal Tombeurstraat 71, 1040 Etterbeek, BelgiumKBO/BCE: BE 0479.548.895
Summary

LOVO has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €438,876 and a net result of €23,894. Equity has been stable since 2018 (±0.6% per year). Its solvency ranks better than 70% of 231 sector peers (NACE 59, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 30-01-2003 Normal situation
Activity
Video and film production, excluding cinema and television films NACE 59113
Establishment unit
2.123.467.283 1040 Etterbeek, since 25-02-2003
Financial year end
31 December
Peppol
Reachable since 25-11-2025

Board and ownership

Board
  • BRULEZ BertDirector
  • MERCIER FrançoisDirector

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€256,487
▼ 11.4%
Turnover
≈ €610,000
estimated
Profit
€23,894
▼ 62.4%
Equity
€438,876
▼ 25.9%
Total assets
€719,370
▼ 15.6%
Staff
2 FTE
=
  • 2025 accounts filed 61 days after the deadline
Filed on 30-09-2026
Score breakdownraises riskLast filed accounts filed 61 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 2.31, cash €323,364Equity €438,876 (61.0% of total assets)Size: 2 FTE, total assets €719,370Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 54% of micro companies in film, video and music (NACE 59)
Financial strength · tick: 2024
Strong
Solvency 86-9
equity 61.0% of total assets
Liquidity 82-5
short-term debt 39.0% · cash 45.0%
Profitability 73-5
return on assets 3.3%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,572 companies, NACE 59, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.31 (2.89 in 2024), above the usual 1.5. Short-term debt is 39% and cash 45% of total assets. 39% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 59, micro). It does better than 65% of them on solvency, 75% on liquidity, 52% on profitability and 24% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Last filed accounts filed 61 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 2.31, cash €323,364
NBB · annual accounts
lowers risk · Equity €438,876 (61.0% of total assets)
NBB · annual accounts
lowers risk · Size: 2 FTE, total assets €719,370
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
on the day
2023
3 days early
2022
33 days early
2021
44 days early
2020
38 days early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 8 days before the deadline. In the sector (NACE 59), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 accounts filed within 42 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 8 profitable years in a rowprofit 2025: €23,894 8 years View
  • Caution: Equity fell in 2025from €592,255 to €438,876 ▼ 25.9% View

Recent changes

  1. · Gazette deed Change of role: Eric Stinglhamber, from managing director to director and chair of the board
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as LOVO: video and film production, excluding cinema and television films (NACE 59113). They are comparable in size and age: total assets between €374,000 and €1.1m, founded between 1997 and 2008.

CompanyTotal assetsGross margin
LOVO Etterbeek€0.7m€0.3m
TANKER Sint-Jans-Molenbeek€0.8m€0.3m
VIDEO LINE Ichtegem€0.9m€0.3m
GRAPPA Schoten€0.4m€0.2m
ANGLE DE VUE Tournai€1.1m€0.4m
KAOS FILMS Schaarbeek€0.5m€0.1m
DoubleDouble Brussel€0.4m€0.2m
Full comparison

Key facts about LOVO

What is the company number of LOVO?
The company number of LOVO is 0479.548.895. The VAT number is the same number with BE in front: BE 0479.548.895.
Where is LOVO based?
The registered office is at Generaal Tombeurstraat 71, 1040 Etterbeek.Company details
What does LOVO do?
According to the KBO register, the main activity is video and film production, excluding cinema and television films (NACE 59113).
What is the legal form of LOVO?
The legal form of LOVO is Public limited company (NV).
When was LOVO founded?
LOVO was founded on 30-01-2003.
Is LOVO still active?
Yes, LOVO is an active enterprise in the KBO register.
How many employees does LOVO have?
LOVO had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LOVO?
The turnover in financial year 2025 is ≈ €610,000. This figure is estimated from the gross margin of €256,487 and 2,285 comparable companies of the same size. It probably lies between €360,000 and €1.0m. It is a rough estimate.
Is LOVO profitable?
In financial year 2025, LOVO made a profit of €23,894.
Where can I find the annual accounts of LOVO?
LOVO filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LOVO due?
LOVO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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